"GlobalBattery Market for ESS 2015-2019" Published

From: Fast Market Research, Inc.
Published: Tue Oct 20 2015

Battery energy storage stores surplus electricity, which can be utilized during power shortages, blackouts, and peak demand. Surplus electricity generated is stored in batteries. This is supplied to customers when demand exceeds the amount generated. Various technologies such as Li-ion, lead-acid, sodium-sulphur, and other advanced battery technologies are available for this purpose. Lead-acid batteries were increasingly preferred for this purpose because of inherent advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership. However, Li-ion batteries dominated the ESS segment as of 2014 and their share is expected to increase in the future due to their efficiency.

Technavio's analysts forecast the global battery market for ESS to grow at a CAGR of 59.6% over the period 2014-2019.

Covered in this Report
The report covers the present scenario and growth prospects of the global battery market for ESS for 2015-2019. The market has been segmented on the basis of geography and technology.

Full Report Details at
- http://www.fastmr.com/prod/1060680_globalbattery_for_ess.aspx?afid=301

Technavio's report, Global Battery Market for ESS 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key regions

* Americas

Key vendors

* A123 Systems
* AES Energy Storage
* Axion Power International
* LG Chem
* NGK Insulators
* Saft
* Samsung SDI

Market driver

* Helps mitigate intermittent nature of renewables
* For a full, detailed list, view our report

Market challenge

* Operational challenges related to lead-acid batteries
* For a full, detailed list, view our report

Market trend

* Li-ion batteries and sodium-sulphur batteries for storage of solar energy
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: AES Energy Storage, A123, Axion Power, BYD, LG Chem, NGK Insulators, SAFT, Samsung, FIAMM Energy, Prudent Energy, Rongke, UniEnergy, GE, Mitsubishi, Amperex, Boston Power, CALB, Enersys, Primus Power

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Global Li-ion Battery Market for ESS 2015-2019
- Lead Acid Battery Market for ESS in the US 2015-2019
- Lithium ion Battery Market for ESS in APAC 2015-2019
- Li-ion Battery Market for ESS in EMEA 2015-2019
- Global Lead Acid Battery Market for ESS 2015-2019

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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